Pi Network (PI) Price Prediction: Pi Coin Gears Up for Breakout as Tsinghua Prophecy and Mainnet Hopes Fuel Momentum
The post Pi Network (PI) Price Prediction: Pi Coin Gears Up for Breakout as Tsinghua Prophecy and Mainnet Hopes Fuel Momentum appeared on BitcoinEthereumNews.com.
As the broader crypto market navigates a wave of uncertainty, Pi Network (PI) is emerging as a closely watched project, with traders and analysts alike eyeing a potential breakout. Pi Coin, currently consolidating under key resistance levels, is drawing renewed attention not just for its price movements, but also for its philosophical alignment with an early blockchain prophecy from Tsinghua University — a factor giving new life to long-term Pi Network price predictions. Technical Outlook: Pi Coin Price Coiling for a Move Pi Coin has seen a modest rally of over 45% from its May 17 low of $0.6595, climbing to approximately $0.732 as of May 19. Despite the momentum, the token is encountering stiff resistance around the $0.75 mark, failing multiple times to break through the $0.752–$0.754 barrier. Pi Network price must break the $0.78-$0.80 resistance zone to unlock the potential for further gains. Source: Wolffxtrader on TradingView A symmetrical triangle has formed on the 4-hour chart, reflecting tightening consolidation just below a descending trendline from the recent local high near $1.39. This setup, combined with compressed Bollinger Bands and falling volume, points to an imminent breakout. “The price is currently stuck between rising support at $0.71 and resistance at $0.75,” one analyst noted, suggesting a decisive move could occur within the next 24 to 48 hours. A bullish breakout above $0.754 could send Pi Coin surging to $0.80 or even $0.90, while a failure to hold above $0.707 might drag the price back to the $0.685–$0.673 support zone. Indicators Remain Neutral Ahead of Breakout Attempt Pi Network’s short-term indicators offer little clarity on the direction of the next move. The RSI (30-minute) is hovering at 47.8, just below the neutral 50 mark. Meanwhile, the MACD histogram remains flat, suggesting a market in wait-and-see mode. Pi Network Coin price…
